The Hub: News & Events for November 4, 2019

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November 4, 2019

 

Central 1 News


Economic Commentary- Canada's Next Recession
Highlights:
• Signs of recession?
• Closely linked to U.S. recessions
• Conditions for recession not yet present
• Shock event or policy error possible recession trigger

B.C. Economic Briefing
Highlights:
• Non- farm payroll counts slip in August after strong July gain
• Small business confidence index for B.C. among lowest in country
• Sawmills slash production in July

Ontario Economic Briefing
Highlights:
• Non-farm payroll hiring expanded by over 8,700 net new hires in August
• Small-business confidence in 2019 still lags long-term average monthly confidence
• Transportation equipment manufacturing increased in August mainly due to stronger aerospace production, motor vehicle and parts manufacturing production contracted
 
Central 1 Events

November 12, 2019
Ottawa Contact Meeting
319 McRae Ave, Unit 1, Ottawa,
Save the date
 
November 13, 2019
London Contact Meeting
Four Points by Sheraton, London
Save the date
 
November 14, 2019
Toronto Contact Meeting
Sheraton Toronto Airport Hotel & Conference Centre
Save the date
 
 
Button to Credit Union Careers
Button to Central 1's Economic Insights
Forge
Button to our Annual Research Package

Industry News
 

Credit Union News

Envision Financial's Willoughby branch recognized with the 2019 Service Excellence award by the Greater Langley Chamber of Commerce (Press Release)

Economics

Wall Street hits record high on energy, tech boost (Reuters)

Rally in energy stocks lifts TSX to one-month high (Reuters)


Security
Desjardins Group data breach hit all 4.2 million members: Quebec finance minister (Reuters) 


Technology
Governments race to beat Facebook's cryptocurrency, libra, at its own game: Don Pittis (CBC) 

Industry Events


November 5-6 2019
Backbase Connect 2019

Beurs van Berlage Damrak
Amsterdam, The Netherlands


December 3, 2019
Annual Credit Union Forum & Holiday Luncheon

Liuna Station
Hamilton, ON
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Central 1 Credit Union, All rights reserved.

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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, BC V6S 4J7 · Canada

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